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  1. Market Data
May 5, 2022

Rantau & Pangkalan Susu PSC Conventional Oil Field, Indonesia

By Carmen

Rantau & Pangkalan Susu PSC is a producing conventional oil field located onshore Indonesia and is operated by PT Pertamina EP Area Rantau & Pangkalan Susu.

Field participation details

The field is owned by PT Pertamina (Persero).


Production from Rantau & Pangkalan Susu PSC

The Rantau & Pangkalan Susu PSC conventional oil field recovered 77.64% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 3.57 thousand bpd of crude oil and condensate and 33 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032.


Remaining recoverable reserves

The field is expected to recover 7.53 Mmboe, comprised of 7.01 Mmbbl of crude oil & condensate and 3.13 bcf of natural gas reserves.


Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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